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Tag: Digital Banking

  • Leading Fintechs in Pan-African Countries

    Leading Fintechs in Pan-African Countries

    Fintech funding and market size vary significantly across African countries, with Nigeria, South Africa, and Egypt consistently leading in both venture capital and active market volume, followed by rapidly advancing markets like Ghana, Ethiopia, Senegal, Liberia, Côte d’Ivoire, and Gambia���. Funding Leaders: Nigeria, South Africa, and EgyptNigeria is the continent’s powerhouse, often drawing a third…

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  • Cybersecurity Breach at Uganda’s Central Bank: $17 Million Stolen, Probe Ordered

    Cybersecurity Breach at Uganda’s Central Bank: $17 Million Stolen, Probe Ordered

    Uganda is in the spotlight following a major cybersecurity breach at the Bank of Uganda (BoU), with reports claiming that hackers siphoned off 62 billion Ugandan shillings (approximately $17 million). The government has ordered an investigation into the attack, which has sparked concerns about financial security in Uganda and across Africa. The Hack: What We…

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